Women Groups Receive ¢50,000 Interest Free Loan From Sarah Adwoa Safo

Sarah Adwoa Safo, Member of Parliament for Dome-Kwabenya in support of her constituency has given out soft loans of ¢500.00 to various women groups which consists mainly of traders in the first phase of her project. More than One hundred women were beneficiaries of this noble gesture.

The loan is to help the women in their trade so as to improve on their standard of living.

They are supposed to pay back the loan at a rate of ¢10.00 every week.

Second Vice-Chairperson of the New Patriotic Party (NPP) and a government appointee, Mary Odonkor, stated on the sidelines of the event on Monday that, the soft loan was borne out of the numerous challenges women in the constituency are faced with.

She said, “the honourable Deputy Majority Leader receives visits from these women who come to her office with all sort of problems ranging from school fees, rent, hospital bills, Start-up capital among others.  So we came out with this initiative to assist them with this soft loan. All of them are already working so this money is meant to cushion them a bit and we believe that it will go a long way to improve on their standard of living.”

 

The initiative, she noted, was one of the campaign promises Adwoa Safo made to the women during the electioneering campaign.

Margaret Addae, who was one of the beneficiaries expressed her delight about the intervention of the honourable member of Parliament and was optimistic that the loan will help her expand her business and enable her to take good care of her family.

 

by KingsleyA/managingghana.com

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